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9966 Melissa Cir, Socorro, TX 79927

3 beds • 2 baths • 2225 sqft

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This property looks like a bad Airbnb investment with a projected -3.93% first-year return on $62,310 initial cash invested.

-3.93%

Cash On Cash

5.33%

Cap Rate

0.9

DSCR

$2,359

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$211k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,310

Downpayment

20%

$42,200

Closing costs

1%

$2,110

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,359

Total Expenses

$2,563

Mortgage P&I

44%

$1,048

Property Taxes

14%

$329

Home Insurance

2%

$54

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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